×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
01
May 2026
weather symbol
Athens 13°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greece to push for political solution for second review

Greek PM Tsipras meets with EC Commissioner in Athens

Newsroom November 28 09:13

With the prospect of a final deal on the completion of the second review of the Greek adjustment program and a debt relief appearing remote, the Greek government hopes to achieve a political solution to the conundrum in the current talks with its creditors. The divergence of views between Athens and its lenders on a number of core matters, which include labour reforms, fiscal targets and the restructuring of the Greek debt remain. The key to overcoming the impasse, at least in the first stage, seems to be dependent on whether the IMF will finally agree to participate in the Greek program or remain onboard in an advisory capacity, if the other creditors reject its position for a debt relief, which is the most likely scenario given Germany’s unwavering stance on the issue. If the IMF manages to impose its positions for a long-term sustainable solution on the Greek debt, the Greek government will be forced to adopt a new package of austerity measures for 2018 and beyond, while abandoning its red lines on labour reforms. In the event the IMF stays on the Greek program as an advisor, the way will be paved for a less harsh set of measures which will come, however, with a semi-solution for the debt, similar to what is already in place with the medium-term debt relief measures agreed between the sides. The Greek PM Alexis Tsipras is trying to gain as much as possible by ensuring maximum results on the debt front, while avoiding taking harsh measures at the same time. Tsipras will meet with Finance Commissioner Pierre Moscovici and ECB Director Benoit Coeure in Athens, Monday, in an effort to push for a political solution, days before the crucial December 5 EuroGroup meeting.   

Ask me anything

Explore related questions

#ecb#European Commission#greek debt#Greek program#moscovici#PM Tsipras
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Wall Street: New double record for SP 500 and Nasdaq

May 1, 2026

Birth on an ITA Airways flight: a baby boy was born on board, see photo

May 1, 2026

The Emir of… Athens and his incredible car (+video)

May 1, 2026

Iran denies any involvement in the knife attack on Jews in London

May 1, 2026

“Gift” from Trump to Britain after the visit of Charles and Camilla: Tariffs on whisky and bourbon lifted

April 30, 2026

Bridgerton-style wedding for Fidias Panayiotou and Styliana Averkiou – Watch videos and photos

April 30, 2026

First meeting of the committee for organizing Greece’s EU Presidency

April 30, 2026

Calzedonia owner survives plane crash after emergency parachute slows aircraft’s fall

April 30, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα